Light Reading

Euronews: Austria Braced for Slim Bid

Paul Rainford
1/30/2014
50%
50%

Also in today's EMEA regional roundup: Ericsson keeps investors happy; TeliaSonera falls short; BSkyB counts cost of soccer content war.

  • Could the formation of a new government in Austria last month pave the way for Mexico's Carlos Slim to begin a bid for majority control of the country's incumbent operator? That's the prediction being made in this Reuters report, which points out that a bid for Telekom Austria AG (NYSE: TKA; Vienna: TKA) would make sense for Slim following his failed attempt to take control of KPN Telecom NV (NYSE: KPN) in the Netherlands. Currently Slim holds a 27% stake in Telekom Austria, while the government's stake is slightly higher. (See Euronews: Slim Abandons KPN Bid.)

  • Ericsson AB (Nasdaq: ERIC) has produced a solid set of fourth-quarter results that have pleased investors, sending the vendor's share price up 2.8% to SEK79.55 in Thursday morning trading. Fourth-quarter sales inched up to 67 billion Swedish kronor (US$10.3 billion), from SEK66.9 billion ($10.3 billion) a year earlier, though net income for the quarter was down 6.3% at SEK6.4 billion ($985 million). However, Ericsson has lost its "king of the vendors" crown to Huawei Technologies Co. Ltd. -- over the whole of 2013 Ericsson racked up just shy of $35 billion in sales, while its Chinese rival generated nearly $40 billion.

  • Elsewhere on the Nordic front, Swedish operator TeliaSonera AB (Nasdaq: TLSN) fell short of some analysts' expectations with its fourth-quarter financials, reports Reuters. EBITDA (earnings before interest, tax, depreciation and amortization) dropped to SEK8.73 billion ($1.34 billion) from SEK9.0 billion ($1.38 billion) a year ago, as close-to-home markets failed to keep up with growth in TeliaSonera's more distant units in Eurasia and elsewhere.

  • UK satellite broadcaster Sky (NYSE, London: SKY) saw half-year pre-tax profits fall 18% to £527 million ($869 million) as it dug deep in its coffers to secure a three-year deal to show Premier League soccer matches in the face of fierce competition from BT Group plc (NYSE: BT; London: BTA), reports The Guardian. BT has been flexing its considerable financial muscle to grab a slice of the paid-for sports content action, which BSkyB has more or less dominated in recent years.

  • Norwegian group Telenor ASA (Nasdaq: TELN) has been awarded a mobile license in Myanmar, covering spectrum in the 900MHz and 2.1GHz bands and valid for 15 years. Also formally accepting a license is Middle Eastern operator Ooredoo -- see happy snap below. Myanmar has a population of 60 million, fewer than a tenth of which currently have access to mobile services. (See Telenor Awarded License in Myanmar and Myanmar Spectrum Stampede Underway.)

    His Excellency Sheikh Abdullah Bin Mohammed Bin Saud Al-Thani (wow!), Ooredoo Group chairman, formally accepts an operating license on behalf of Ooredoo Myanmar from Khin Maung Thet (left), director general of PTD. Lovin' the curtains...
    His Excellency Sheikh Abdullah Bin Mohammed Bin Saud Al-Thani (wow!), Ooredoo Group chairman, formally accepts an operating license on behalf of Ooredoo Myanmar from Khin Maung Thet (left), director general of PTD. Lovin' the curtains...

  • Infracom Italia has migrated its three former TDM and VoIP networks into a single all-IP affair courtesy of Metaswitch Networks . (See Metaswitch Gets an Italian Job.)

  • The UK's Office of Fair Trading is going after purveyors of mobile gaming apps that promote in-app purchases to the young and/or the gullible, reports the BBC. The move comes in the wake of disquiet over "bill shock" experienced by many parents of children who had been persuaded to splash out mum and dad's hard-earned cash on "power-ups" and "in-game currency." Whatever they are.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    Flash Poll
    From The Founder
    Network architects aiming to upgrade their networks to support agile, open, virtualized services in the 21st century need to consider new criteria when choosing between technology suppliers.
    Live Streaming Video
    CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
    Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
    Between the CEOs
    HP's Prodip Sen: The NFV Journey

    7|7|15   |   21:39   |   (0) comments


    Prodip Sen, CTO of the Network Functions Virtualization (NFV) business unit at HP, talks to Light Reading founder and CEO Steve Saunders about the four stages of the NFV journey.
    LRTV Documentaries
    PSA: The Perils of a Hyper-Connected Society

    7|6|15   |   1:38   |   (0) comments


    A public service announcement calling attention to the perils of a hyper-connected society.
    LRTV Interviews
    Guavus Takes Analytics on the Road

    7|6|15   |   4:09   |   (1) comment


    Guavus CEO Anukool Lakhina tells Light Reading CEO and founder Steve Saunders how the analytics tools developed for telcos are applicable to the transportation industry.
    Telecom Innovators Video Showcase
    Mellanox's New 25/50/100Gb/s Ethernet Products

    7|6|15   |   2:44   |   (0) comments


    Mellanox offers a complete 10/25/40/50/56/100Gbit/s solution that delivers industry-leading performance, scalability, reliability and efficiency for optimal application performance and data center ROI.
    Telecom Innovators Video Showcase
    Arista's CloudVision

    7|6|15   |   6:01   |   (0) comments


    Anshul Sadana answers questions from Steve Saunders, Light Reading’s founder and CEO, about Arista’s CloudVision, a global cloud network controller for workload orchestration and workflow automation delivering a turnkey solution for cloud networking.
    LRTV Custom TV
    Red Hat Demo

    7|2|15   |   10:53   |   (0) comments


    Red Hat's Nicolas Lemieux demonstrates how Red Hat is driving innovation through open source communities.
    LRTV Custom TV
    Red Hat's Approach to OpenStack Adoption

    7|2|15   |   5:17   |   (0) comments


    Red Hat's Radhesh Balakrishnan outlines his company's open source strategy for both enterprises and telcos.
    LRTV Custom TV
    The New IP Goes Mobile With vEPC

    7|2|15   |   1:12   |   (0) comments


    Heavy Reading's Gabriel Brown discusses results of a Light Reading survey sponsored by Brocade that shows a clear commitment by mobile operators to move quickly to virtual EPC deployment.
    LRTV Custom TV
    Making Business Sense of SDN

    7|2|15   |   1:42   |   (0) comments


    Results of a Brocade-sponsored survey show that CSPs have a clear sense of SDN use cases but are wrestling with the business case. Sterling Perrin of Heavy Reading looks behind the numbers.
    LRTV Custom TV
    NFV Will Be Here Sooner Than You Think

    7|2|15   |   2:22   |   (0) comments


    Forget the usual ten-year cycle for new technologies – NFV will be a core part of CSP networks in five years, based on results of a Brocade-sponsored survey, says Heavy Reading's Caroline Chappell.
    LRTV Custom TV
    The New IP Gains Traction With CSPs

    7|2|15   |   1:42   |   (0) comments


    Roz Roseboro of Heavy Reading analyzes results of a Light Reading survey sponsored by Brocade showing that CSPs are getting serious about making the transition to the New IP era.
    LRTV Custom TV
    It's (Real) Time for Analytics

    7|2|15   |   1:42   |   (0) comments


    Heavy Reading's Jim Hodges looks at how CSPs say they plan to use analytics to deploy new services in real time as part of The New IP, based on results of a survey sponsored by Brocade.
    Upcoming Live Events
    September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
    September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
    October 6, 2015, The Westin Peachtree Plaza, Atlanta, GA
    October 6, 2015, Westin Peachtree Plaza, Atlanta, GA
    October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
    November 5, 2015, Hilton Santa Clara, Santa Clara, CA
    All Upcoming Live Events
    Infographics
    Equinix walks through the past four digital economy eras from computing to network to connected to today's interconneted world.
    Hot Topics
    What's a Gigabit Good For?
    Carol Wilson, Editor-at-large, 7/1/2015
    Colt to Jettison Ailing IT Business
    Iain Morris, News Editor, 6/30/2015
    Eurobites: Activist Investor Takes Stake in AlcaLu
    Paul Rainford, Assistant Editor, Europe, 6/30/2015
    FCC Chairman Talks Up SDN/NFV
    Mari Silbey, Senior Editor, Cable/Video, 7/2/2015
    A&E Launches Lifetime OTT Service
    Alan Breznick, Cable/Video Practice Leader, 7/3/2015
    Like Us on Facebook
    Twitter Feed
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    Prodip Sen, CTO of the Network Functions Virtualization (NFV) business unit at HP, talks to Light Reading founder and CEO Steve Saunders about the four stages of the NFV journey.
    Casa Systems has been going from strength to strength over the last couple of years. In 2013, it became the first vendor to ship an integrated CCAP device -- the ...
    Cats with Phones